NOT LISTED FOR SALE

Estimated Value: $769,000 - $878,000

12 Beds
4 Baths
4,320 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 20, 2012

Last sale price $300,000 $69 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $5,133/month

Highlights

  • Private Pool
  • Floor Furnace
  • 4-minute walk to Westwold Park
  • Two cooling system units

About This Home

As of September 2012

Fourplex for Sale! Located in good neighborhood. 3 Bedrooms /1.75 baths each unit, built in 1995, 12,632 Lot Area. The condition is average. 4 Parking Spaces. All units are tenant occupied. Must see it!!

Last Agent to Sell the Property

Jesus Rivera

No Firm Affiliation License #01732052 Listed on: 05/21/2012

Co-Listed By

Maricris Sifuentes

Pinnacle Estate Properties, Inc. License #01737043

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,956

Year Built

  • Built in 1995

Lot Details

  • 0.29

Parking

  • 6 Car Garage

Home Design

  • 4,320 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Utilities

  • Two cooling system units
  • Floor Furnace

Additional Features

  • Private Pool
  • 0.29 Acre Lot

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4083
  • Assessor Parcel Number 3811701800

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,080
  • Pest Control $696
  • Trash Expense $444
  • Water Sewer Expense $1,344
  • Gross Income $3,300
  • Net Operating Income $35,976

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,956

Year Built

Built in 1995

Lot Details

0

Parking

6

Listing Details

  • Water Sewer Expenses: 1344.00
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 3811701800
  • Year Built: 1995
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 69.44

Exterior Features

  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Heating Type: Floor Furnace
  • Pest Control Expense: 696.00
  • Trash Expense: 444.00
  • Cooling: Dual
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Lot Size Area: 12632.0000 Square Feet
  • Net Operating Income: 35976.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3624.00
  • Rent Control: No
  • Total Actual Rent: 3300.00

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 4083
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2013
Sold by
Wang On and Wang Jennese L
Bought by
Mayfair Investment & Realty Llc
Current Estimated Value
$822,000

Purchase Details

Listed on
May 21, 2012
Closed on
Sep 13, 2012
Sold by
Wang On
Bought by
Wang On and Wang Jennese I
Seller's Agent
Jesus Rivera
No Firm Affiliation
Buyer's Agent
Out of Area Out of Area
Out of Area
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$225,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2012
Closed on
Aug 12, 2012
Sold by
Bertolone Enza M Sanchez
Bought by
Wang On
Seller's Agent
Jesus Rivera
No Firm Affiliation
Buyer's Agent
Out of Area Out of Area
Out of Area
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2008
Sold by
Spasiano Wendy J and The Holden Trust
Bought by
Bertolone Enza M Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5.65%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 25, 2007
Sold by
Spasiano Wendy J
Bought by
Spasiano Wendy J and The Holden Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Spasiano Wendy J and The Holden Trust
Bought by
Spasiano Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2006
Sold by
Holden Wendy J and Holden Trust
Bought by
Spasiano Wendy J and Holden Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.18%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 26, 1998
Sold by
Holden Wendy J and Gutierrez Wendy J
Bought by
Holden Wendy J and Holden Trust

Purchase Details

Closed on
May 15, 1995
Sold by
Amhurst 88 Corp
Bought by
Gutierrez Alex F and Gutierrez Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.51%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mayfair Investment & Realty Llc -- None Available
Wang Jennese L -- None Available
Wang On -- None Available
Wang On $300,000 Fidelity National Title
Bertolone Enza M Sanchez $525,000 Orange Coast Title Company
Spasiano Wendy J -- Stewart
Spasiano Wendy J -- None Available
Spasiano Wendy J -- None Available
Spasiano Wendy J -- None Available
Spasiano Wendy J -- Alliance Title Company
Spasiano Wendy J -- Alliance Title Company
Holden Wendy J -- --
Gutierrez Alex F $270,000 Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang On $225,000
Previous Owner Bertolone Enza M Sanchez $367,500
Previous Owner Spasiano Wendy J $102,500
Previous Owner Spasiano Wendy J $102,500
Previous Owner Spasiano Wendy J $97,000
Previous Owner Holden Wendy J $179,000
Previous Owner Gutierrez Alex F $189,000
Closed Gutierrez Alex F $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2012 09/20/12 Sold $300,000 -- $69 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,956 $463,007 $61,567 $401,440
2024 $7,956 $453,929 $60,360 $393,569
2023 $7,817 $445,029 $59,177 $385,852
2022 $7,488 $436,304 $58,017 $378,287
2021 $7,088 $427,750 $56,880 $370,870
2020 $6,919 $423,365 $56,297 $367,068
2019 $6,827 $423,365 $56,297 $367,068
2018 $6,546 $406,927 $54,112 $352,815
2017 $6,450 $398,949 $53,051 $345,898
2016 $6,075 $391,127 $52,011 $339,116
2015 $6,015 $385,253 $51,230 $334,023
2014 $5,867 $377,707 $50,227 $327,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12049438

California Regional Multiple Listing Service (CRMLS)

APN: 381-170-18-00-1